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Research the term inventory turnover

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Research the term "inventory turnover" and write a report discussing the normal inventory turnover for the following industries:

1. automobile manufacturers,

2. restaurants/hotels, and

3. retailers.

In your report, discuss the following:

1. What is the purpose of holding inventory?

2. What steps do you think companies can take to improve the accuracy of their inventory management program?

Reference no: EM132782896

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